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To: Mark Oliver who wrote (8076)2/18/2000 2:28:00 PM
From: Papillon  Respond to of 10081
 
Thanks for posting. It really appears that GM is determined to do whatever is necessary to succeed. I wouldn't have ever thought this before the last year. The young blood is making its mark. It won't take many years before having OnStar (or its generic equiv) in a new car is as common as having a radio is today. I wonder what people thought when they first started putting radios in cars?
Best,
Papillon



To: Mark Oliver who wrote (8076)2/19/2000 12:36:00 PM
From: Papillon  Read Replies (1) | Respond to of 10081
 
No doubt about it, the GMGC action is on RB. Many thanks to Patten1962 for posting the following link. GMGC is attracting the institutional buyer; check it out:

insidertrader.com



To: Mark Oliver who wrote (8076)2/20/2000 2:47:00 AM
From: VivB  Read Replies (1) | Respond to of 10081
 
Mark, looks like the "wooing" was a success:
Sunday February 20, 12:33 am Eastern Time
GM,Japan carmakers to share computer systems-paper
biz.yahoo.com

TOKYO, Feb 20 (Reuters) - American automotive giant General Motors Corp (NYSE:GM - news) will share computer car design and development systems with the three Japanese automakers in which GM has capital partnerships, a Japanese daily reported on Sunday.

GM has agreed in principal to share computer systems related to product development with Isuzu Motors Ltd , Suzuki Motor Corp and Fuji Heavy Industries Ltd , the Yomiuri Shimbun reported citing company sources.

The project is aimed at cutting costs through parts sharing and may lead to the companies jointly developing a world car, the paper said.

Officials from the three Japanese carmakers were not immediately available for comment due to the weekend holiday.

Earlier this month, the paper reported that GM, Japan's Toyota Motor Corp and Germany's Volkswagen AG (quote from Yahoo! UK & Ireland: VOWG.F) had agreed to standardise their computer systems for designing and developing auto parts.

The global computer system move allows the companies to share information related to the development, engineering and design of new models because most of the work is done on a computer screen. This will lead to cost savings, it said.

In an interview with Reuters, Mark Hogan, president of the automaker's e-commerce division said GM was seeking another digital partnership through broad cooperation talks with electronics giant Sony Corp .

The two companies announced last month that future GM car with Internet access would be using Sony data storage technology, and Hogan said GM believed this agreement would be the first of many agreements.

``I'd say the envisioned partnership is quite broad,' he told Reuters, adding it would not be limited to Internet access inside cars.